Comment by baxtr

Adding a German perspective: this might be one factor among many. Other factors include

- land owners who wait to sell at even higher prices

- drastically reduced social housing construction (Sozialer Wohnbau)

- heavy influx of foreign capital (at least in major cities) reducing existing capacities

- missing holistic development concepts/strategies (one big exception is probably the Bahnstadt in Heidelberg)

- on average, low building height in city centers

The whole topic just hasn’t been a top priority lately and we’re moving way too slow to change that